ICRA reaffirms ratings assigned to KEI Industries’ bank facilities

13 Sep 2017

Credit ratings agency, ICRA has reaffirmed ‘A-’ rating assigned to the Long Term Bank Facilities availed by KEI Industries. This rating is applicable to facilities having tenure of more than one year. Facilities / Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such facilities / instruments carry low credit risk.

The ratings agency has also reaffirmed ‘A2+’ rating assigned to Short Term Bank Facilities availed by the company. This rating is applicable to facilities having tenure up to one year. Facilities / Instruments with this rating are considered to have strong degree of safety regarding timely payment / servicing of financial obligations. Such facilities / instruments carry low credit risk.

KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.

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KEI Industries Share Price

475.05 0.00 (0.00%) Dec 09, 18:01
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Company Name CMP
Polycab India 995.00
Sterlite Technologie 118.75
KEI Industries 475.05
Finolex Cables 353.35
Precision Wire India 147.90
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SEBI Registered: Investment Adviser - INA000013323
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